Rare Lakewood Fourplex - Turnkey Investment Opportunity Pride of ownership 4-unit property on an oversized 10,498 sq ft lot. Unit mix: (3) 2BD/1BA + (1) 2BD+bonus/1BA totaling 3,120 sq ft. Each unit features a private garage and in-unit laundry. Property includes 4 additional parking spaces, fenced yard, courtyard BBQ area with stack-stone landscaping. Recent upgrades: new roof (2025) right building, New roof left side structures in 2019, Main water line replaced to each unit 2017, fresh exterior paint. Fully occupied with quality long-term tenants. Separately metered gas/electric, owner pays water. Investment Metrics: $97,980 gross income, $69,404 NOI, 4.08% cap rate. Immediate cash flow with upside potential in prime Lakewood location.
MLS #
CRPW25162914
MLS Source
California Regional MLS
Days on Site
25
Appliances
Other, Oven Range - Gas, Refrigerator
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition, Shingle
Foundation
Slab
Pool
None
Style
Traditional
Garage/Parking
Common Parking Area, Garage, Garage: 4 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 800 | – | 0/0 | – |
11609 208th St is a Residential Income in Lakewood, CA 90715. This – square foot property sits on a 10,510 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,000 and was built in 1947.
This address can also be written as 11609 208th St, Lakewood, CA 90715.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 06, 2025. For the most current information, please contact Philip DeMatteo